RBI’s MPC recommends continuing with accommodative policy stance
The minutes of the Monetary Policy discussions held on 5th February were published on 22 February. An analysis of the arguments discussed in the meeting gave an insight into the…
The minutes of the Monetary Policy discussions held on 5th February were published on 22 February. An analysis of the arguments discussed in the meeting gave an insight into the…
The apex institution of the Indian economy, the Reserve Bank of India is likely to keep the interest rates unchanged in the upcoming bilateral monetary policy. The decision would be…
The Monetary Policy committee (MPC) which will be meeting in first week of April is likely to cut the repo rate by 25 basis points owing to weak economic activity,…
Rating agency- Fitch ratings on Friday slashed India’s projected growth rate to 6.8% from the previous 7% for the Fiscal year 2019-20, citing weaker than expected momentum of the economy…
India’s retail inflation surged to 2.57% in February touching a 4 month high but still the retail inflation remained under the RBI‘s tolerance limits, while the factory output weakened more…
A day after state Bank of India (SBI) took the decision of linking the interest rate of short-term loans and large savings deposits rates to the external benchmark of MPC’s…
In a significant move to address the issue of rapid transmission of changes in rates (interest rates) decided by RBI‘s Monetary Policy Committee (MPC), SBI on Friday announced that from…
The Housing Development Finance Corporation (HDFC) bank has slashed its Marginal Cost based lending rate (MCLR) for loan of two and three years tenor by 5 basis points. Taking the…
The state owned Bank of Baroda cuts the lending rate by 10 basis points. The rate cut would enable the borrowers to take loan at lower lending rate, making home…
Wholesale Inflation or the inflation based on the Whole Price Index (WPI) touched at ten month low, recently released data by the government revealed. The WPI Inflation was at 2.76%…